Found in Robotics News & Content, with a score of 24.88
Third Wave Automation Inc. and Toyota Industries Corp. today announced a strategic partnership to produce the next generation of intelligent, fully autonomous material handling vehicles. The global materials handling equipment market will expand from $211.8 billion (U.S.) in 2019 to $320.9 billion by 2027, at a compound annual growth rate of 5.4%, predicted Fortune Business Insights. It cited the rapid growth of e-commerce, with consumer spending at nearly $3.5 trillion in 2019 and a year-over-year growth rate of 17.9%. Businesses are turning to automation to meet this demand while keeping production and logistics costs down. “Our strategic development efforts with…
Found in Robotics News & Content, with a score of 10.97
…the right fit for each operation's unique needs. The Toyota Industries company cited robotics, lift trucks, conveyors, maintenance, and picking systems as examples of “end-to-endless intralogistics solutions that optimize, integrate, and manage the logistical physical flows of supply, production and distribution within material handling operations.” “We're making it easier than ever before for our customers to understand the complete range of solutions Raymond offers,” said Dave Norton, vice president of customer solutions and support. “We're proud to share a new portfolio of resources, including brochures, videos and white papers to help material handling professionals learn more about how intralogistics solutions…
Found in Robotics News & Content, with a score of 6.25
…handling automation,” said Brett Wood, president and CEO of Toyota Material Handling North America (TMHNA), as well as a senior executive officer of TMHNA’s parent company, Toyota Industries Corp. (TICO). “Part of the reason is the difficulty in finding enough skilled operators, but beyond that, it’s the increased level of customer expectations around a rapid and flawless materials handling process,” he said. “Customer requirements are demanding more efficiency than ever before, and that in turn drives the need for more process optimization—including automation.” Wood added that automated lift trucks can be a good fit for repetitive movement of pallet loads.…
Found in Robotics News & Content, with a score of 8.93
…and said it is currently valued at $5.3 billion. Toyota is among its investors and partners. Pony.ai has been piloting robotaxi services in the U.S. and China. Founded in 2012, Luminar provides lidar sensors and software for autonomous vehicles. The Palo Alto, Calif.-based company has more than 50 industry partners, including eight of the top 10 global automakers, and it signed a production deal for autonomous consumer vehicles with Volvo Cars last year. Luminar has also partnered with Daimler Truck AG, and it has nearly 400 employees. Pony.ai to integrate Luminar sensors Pony.ai said it plans to deploy automotive-grade production…
Found in Robotics News & Content, with a score of 10.31
One of the biggest challenges facing the growing robotics industry is connecting talent with the right opportunities. On Wednesday, May 19, 2021, from 4:00 to 6:00 p.m. (Eastern), MassRobotics and MassTLC are hosting a virtual career fair for those interested in careers in robotics and artificial intelligence. The U.S. Bureau of Labor Statistics estimates that there are currently 132,500 robotics engineers in the U.S. Projections show a 9% job market growth from 2016 through 2026. The virtual career fair is intended for all industry job seekers, including both recent graduates and seasoned engineers, computer scientists, vision specialists, mechatronics experts, AI…
Found in Robotics News & Content, with a score of 19.00
Woven Planet Holdings Inc., a subsidiary of Toyota Motor Corp., said yesterday that it has agreed to acquire Level 5, the self-driving division of ride-hailing company Lyft Inc. This marks the first major deal for the newly established Woven Planet and continuing consolidation in the autonomous vehicle space. Woven Planet Group launched in January 2021 as an expansion of the operations of Toyota Research Institute - Advanced Development Inc. (TRI-AD) with the motto of “Mobility to Love, Safety to Live.” It includes four companies in support of connected and autonomous vehicles, robotics, smart cities, and more. Woven Planet Holdings Inc.…
Found in Robotics News & Content, with a score of 30.46
Toyota Industries Corp., or TICO, today announced that it will consolidate its software development efforts for autonomous vehicles, increase its global investments, and establish T-Hive B.V. as a new center of excellence. TICO said the combination of offerings from its group companies will strengthen its brand portfolio and meet the increasing demands of its customers. Sakichi Toyoda founded Toyota Industries Corp. in 1926 for the manufacture and sale of the Type G automatic loom that he had invented. The Japanese company later expanded to automotive-related fields such as engines and air-conditioning compressors. It also made industrial vehicles such as lift…
Found in Robotics News & Content, with a score of 6.32
…in the logistics, aerospace, automotive, and food and beverage industries. Power for the drive ranges from 0.37 to 7.5 kilowatts (0.5 to 10 hp) for wall-mounted applications and 0.37 to 4 kilowatts (0.5 to 5 hp) for motor-mounted applications. Siemens added that Sinamics G115D is integrated into its entire MindConnect portfolio and is compatible with MindSphere applications such as Analyze MyDrives for cloud-based analysis. Mobile robots multiply at ProMat DX Robotics 24/7 has already covered some of the many announcements around autonomous mobile robots (AMRs) from ProMat DX, including IAM Robotics' Bolt, Seegrid's Palion trucks, and Tompkins Robotics' partnership with…
Found in Robotics News & Content, with a score of 13.68
…research to discover innovative solutions for the material handling industry. The sponsored research program is in its fifth cycle of accepting applications for grant funding that can reach up to $500,000. Applicants from North American universities will be evaluated on several criteria, including their possible impact on the future of the material handling industry, timeline and feasibility of budget. Applicants with selected proposals will be announced at MODEX 2022, which will be held from March 28 to 31, 2022, in Atlanta. “We believe new technology and innovative approaches from academia’s brightest and most innovative minds can inspire the supply chain…
Found in Robotics News & Content, with a score of 8.80
…valet parking—self-parking cars require indoor maps As the automotive industry embraces a connected future, indoor mapping technology will deliver further key benefits to users, claimed the company. For drivers, this would mean never being lost again within parking facilities and enabling end-to-end, uninterrupted navigation to available parking spaces, independent of GPS availability. In addition, vehicle indoor positioning without GPS is a fundamental step in enabling autonomous parking, it said. Parkopedia aims to ease EV charging Finding electric vehicle (EV) chargers is still a significant pain point in the automotive industry as drivers transition to electric vehicles. Ensuring fast and easy…
Found in Robotics News & Content, with a score of 12.58
…and men – from across the robotics and automation industries. The list includes leaders from industrial companies as well as leaders with robotics vendors such a Fetch Robotics and 6 River Systems. “Although we as an industry have miles to go in balancing diversity in manufacturing, those with the knowledge, creativity and drive to raise the level of technology and innovation can achieve success,” said Robert Willig, executive director and CEO of SME. “This group of women has not only the vision to create new products – and in some cases even new product categories – they also have the…
Found in Robotics News & Content, with a score of 7.33
…handling automation,” says Brett Wood, president and CEO of Toyota Material Handling North America (TMHNA) as well as a senior executive officer of TMHNA’s parent company, Toyota Industries Corporation (TICO). “Part of the reason is the difficulty in finding enough skilled operators, but beyond that it’s the increased level of customer expectations around a rapid and flawless materials handling process. Customer requirements are demanding more efficiency than ever before and that in turn drives the need for more process optimization—including automation.” Wood adds that automated lift trucks can be a good fit for maximizing the efficiency of repetitive movement of…